by visbanking | Nov 15, 2022 | Banks, News
By: Ken Chase. Estimated reading time: 2 minutes Bloomberg reported this week that a decline in investment deals has forced banking giant Citigroup to eliminate dozens of trading personnel in its investment banking division. The move comes in the wake of reports that...
by visbanking | Nov 15, 2022 | Banks, News
By: Ken Chase. Estimated reading time: 2 minutes New Twitter owner Elon Musk told employees on Thursday of his plans to incorporate banking features into the Twitter platform, essentially turning the social media platform into what he called “the people’s financial...
by visbanking | Nov 15, 2022 | Banks, News
By: Ken Chase. Estimated reading time: 2 minutes A recent survey of roughly 500 banking executives from around the world found that more than three-quarters of respondents support using their industry to promote “social good.” The Banking in 2035:...
by visbanking | Nov 10, 2022 | Banks, News
By: Ken Chase. Estimated reading time: 2 minutes The U.S. Federal Reserve announced another 75-basis point increase in interest rates on Wednesday, in a move that had been widely anticipated by economists and market analysts. Despite those expectations, however, U.S....
by visbanking | Oct 5, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 2 minutes The U.S. Office of the Comptroller of the Currency (OCC) announced this week that it has terminated a 2020 consent order related to a 2019 Capital One data breach. In its announcement, the OCC confirmed that it believes...
